Business/Financial

Kratos Defense & Security Solutions [KTOS] last month said it has completed its purchase of Integral Systems, boosting its defense electronics capabilities in space-related communications. The deal follows Kratos’ purchase […]

Raytheon [RTN] has received a two-year, $3.5 million contract from the Defense Advanced Research Projects Agency (DARPA) to improve the ability of existing technologies to quickly detect insider threats amid […]

Extension. Alliant Techsystems [ATK] continues to operate and support the Army Radford Ammunition Plan through a contract extension pending resolution of its protest of the Army’s award in May to […]

As the Pentagon enters a time of austerity, defense leaders said they are rethinking weapon systems plagued by cost and schedule problems and looking for a new acquisition chief with […]

Curtiss-Wright [CW] on Friday said it has acquired Ireland-based ACRA Control, Ltd., a designer and producer of data acquisition technology and telemetry ground stations for commercial aerospace and defense customers. […]

European Aeronautic Defence And Space Co. (EADS) yesterday said its Astrium subsidiary has entered into an agreement to acquire Vizada from Apax France, a French private equity fund and the […]

Raytheon [RTN] yesterday said it signed a pledge of commitment with Tobyhanna U.S. Army Depot for a public-private partnership to support various electronic and radar systems. Signed by Wayne Iurillo, […]

Facing the same headwinds as other defense companies, Alliant Techsystems [ATK] yesterday reported lower earnings and sales in its first quarter but was able to mitigate the decline in earnings […]

Boeing’s [BA] Insitu subsidiary yesterday said it has introduced a new, man-portable small unmanned aircraft system (UAS) for the public safety market. The short-range Inceptor UAS weighs less than four […]

The Transportation Security Administration (TSA) has awarded Morpho Detection, Inc. (MDI), a potential four-year, $466.6 million contract to provide performance based logistics on the agency’s fleet of explosives detection systems […]